SPAC

A special purpose acquisition company, also known as a "blank check company" is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process.

Source: en.wikipedia.org

Digital Asset Marketplace Bakkt Readies SPAC Merger

Digital Asset Marketplace Bakkt Readies SPAC Merger
Digital Asset Marketplace Bakkt Readies SPAC Merger
September 19, 2021  |  Partnerships

Bakkt Holdings, a digital asset marketplace, will merge with special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings (VIH), according to a press release. Bakkt...

READ MORE >
FinTech Startup Pagaya Could Go Public in $9B SPAC Deal
FinTech Startup Pagaya Could Go Public in $9B SPAC Deal
September 15, 2021  |  IPO

The FinTech Pagaya Technologies is mulling an initial public offering (IPO) via a merger with the special-purpose acquisition company (SPAC) EJF Acquisition Corp that would...

READ MORE >
Today in Payments Around the World: Singapore May Relax SPAC Guidelines, Airwallex Obtains Money Services Business License In Malaysia
Today in Payments Around the World: Singapore May Relax SPAC Guidelines, Airwallex Obtains Money Services...
September 03, 2021  |  Cross-border Payments

Today in payments around the world: Singapore considers easing SPAC listing guidelines. Plus, U.S. remittances to Mexico reach a record-high $4.54 billion and Airwallex gets...

READ MORE >
Online Platforms Dominate Listing Activity and Announcements  
Online Platforms Dominate Listing Activity and Announcements  
September 03, 2021  |  IPO

Online platforms – connecting buyers and sellers, and payments flows, across a variety of use cases and verticals – dominated planned announcements and debuts on...

READ MORE >
SPAC Shares Have Plummeted 25% Since Feb.
SPAC Shares Have Plummeted 25% Since Feb.
September 02, 2021  |  Economy

Special purpose acquisition companies (SPACs) have seen a rout wipe out much of their value after looking promising earlier in the year, The Wall Street...

READ MORE >
Residential Real Estate Platform Offerpad to Start Trading After SPAC Merger
Residential Real Estate Platform Offerpad to Start Trading After SPAC Merger
September 01, 2021  |  Real Estate

Offerpad, which works in buying and selling residential real estate, has completed a deal with Supernova Partners Acquisition Company (SPAC) in order to take Offerpad...

READ MORE >
Online Platforms On Tap For IPO Listings
Online Platforms On Tap For IPO Listings
August 27, 2021  |  IPO

Platforms – the online kind – were among the notable filings through this past week for firms seeking to go public. To that end, the...

READ MORE >
Topps’ Blank Check Merger Plan Strikes Out
Topps’ Blank Check Merger Plan Strikes Out
August 20, 2021  |  IPO

The baseball card company Topps’ plan to go public through a special-purpose acquisition company (SPAC) has fallen through. As Bloomberg News reported on Friday (Aug....

READ MORE >